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Toyota is preparing a major shuffle of its Lexus manufacturing footprint in the United States. According to a report out of Japan, the automaker plans to move from two production Full Article »
Hyundai Motor Group is turning up the volume on its American strategy with a fresh commitment to invest 26 billion dollars in the United States from 2025 through 2028. The Full Article »
The Biden administration is set to inject over $1 billion into General Motors (GM) and Stellantis to bolster electric vehicle (EV) production. This initiative, part of a broader $1.7 billion Full Article »
General Motors (GM) is set to relocate its headquarters to a new location within downtown Detroit in 2025. After more than two decades at the Renaissance Center along the riverfront, Full Article »
Ford Motor Company announced delays in the production of electric trucks and SUVs in North America due to a global slowdown in electric vehicle (EV) demand. The automaker revealed that Full Article »
Scout Motors has officially broke ground of its new production center in Blythewood, South Carolina. This facility marks the birthplace of the pioneering all-electric Scout SUVs and Pickups, setting a Full Article »
In a strategic move aimed at catching up with electric vehicle (EV) pioneer Tesla, General Motors (GM) has quietly acquired Tooling & Equipment International (TEI), a company specializing in sand Full Article »
Hyundai Motor has announced plans to increase wages for nonunion production workers at its Alabama factory by 25% by 2028, following recent agreements reached by the United Auto Workers (UAW) Full Article »
General Motors (GM) and Stellantis, two major automotive manufacturers, are part of a group of investors who have collectively injected $33 million into a Minnesota-based company called Niron Magnetics. Niron Full Article »
Toyota is increasing its investment in the Toyota Battery Manufacturing North Carolina plant, with an additional $8 billion being poured into the project. This marks the second expansion of the Full Article »
The electric vehicle (EV) industry, which had been accelerating at a rapid pace, is now encountering uncertainties that have sent ripples across major players, including Tesla, General Motors (GM), and Full Article »
Toyota is making efforts to close the gap with industry leader Tesla in the electric vehicle (EV) market. With a keen eye on the accelerating shift towards electric mobility, Toyota Full Article »
Tesla, under the visionary leadership of Elon Musk, is on the brink of revolutionizing the electric vehicle (EV) manufacturing landscape. The company has leveraged a combination of groundbreaking innovations to Full Article »
The Biden administration has unveiled plans to allocate $2 billion from the Inflation Reduction Act of the previous year towards the advancement of domestic electric vehicle (EV) manufacturing. The aim Full Article »
Millions of cars are manufactured worldwide each year, and production processes have evolved significantly in order to improve efficiency, drive down costs and accommodate increased demand. There are a few Full Article »
